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Latest news - Digitalisation

Digital technologies boosted earnings by over two billion NOK in the first year at Johan Sverdrup

Digital technologies boosted earnings by over two billion NOK in the first year at Johan Sverdrup One year after the field came on stream digital solutions are key to maintaining high safety standards and value creation in all parts of the operations at Johan Sverdrup. This has increased earnings by more than NOK two billion. Digital solutions help increase subsurface understanding, ensure more efficient start-up of wells, higher stable production and more efficient maintenance. &ldqu...

US tech entrepreneur urges industry leaders to “drive not delegate the digital transformation” at ENGenious Online 2020

US tech entrepreneur urges industry leaders to “drive not delegate the digital transformation” at ENGenious Online 2020   In his keynote address to delegates at ENGenious Online (22-24 September), CEO of C3.ai, author of Digital Transformation: Survive and Thrive in an Era of Mass Extinction, and Silicon Valley businessman, Tom Siebel, urged business leaders to “drive not delegate the digital transformation.” The sister event to SPE Offshore Europe, focused...

Shell and Microsoft expand partnership to lower carbon emissions

Shell and Microsoft expand partnership to lower carbon emissions   Oil major Shell and the US-based tech giant Microsoft are expanding their partnership to lower carbon emissions as they look to achieve their sustainability targets. As part of the tie-up, Shell will supply Microsoft with renewable energy to help the tech giant meet its commitment to fully power its operations using renewable energy by 2025. The two companies will also work towards the use of sustainable aviation fu...

Schlumberger, IBM and Red Hat Announce Major Hybrid Cloud Collaboration for the Energy Industry

Schlumberger, IBM and Red Hat Announce Major Hybrid Cloud Collaboration for the Energy Industry   Schlumberger, IBM and Red Hat, announced today a collaboration to accelerate digital transformation across the oil and gas industry. The joint initiative will provide global access to Schlumberger's leading exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM's hybrid cloud technology, built on the Red Hat OpenShift container pl...

Bureau Veritas leads the way towards real time offshore verification

Bureau Veritas leads the way towards real time offshore verification   Bureau Veritas, a world leader in testing, inspection and certification services, is leading the drive towards real time verification for offshore assets with the global expansion of its remote service centres and pilot projects with leading energy companies. The first step in the journey – remote inspection and verification - has led to the opening of seven remote service centres in key locations around t...

Halliburton awarded digital transformation project from Thailand’s PTTEP

Halliburton awarded digital transformation project from Thailand’s PTTEP   Halliburton has been awarded a contract to design and implement a series of digital transformation projects as part of PTTEP’s Advanced Production Excellence (APEX) Initiative. PTTEP is a national petroleum exploration and production company in Thailand. According to a statement, APEX will improve operational efficiency and production in four offshore fields: Arthit, Greater Bongkot South, Gre...

Coronavirus accelerates European utilities' digital drive

Coronavirus accelerates European utilities' digital drive   When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to keep the lights on. Operator Enel, Europe’s largest utility, moved quickly to create a parallel backup control room at a smaller site 30 kms (18.6 miles) away while also plugging some k...

Centrica chooses Vodafone to build 5G mobile private network for gas plant

Centrica chooses Vodafone to build 5G mobile private network for gas plant   In the oil and gas industry, energy giant Centrica will use a Vodafone 5G mobile private network (MPN) to create a “fully connected digital ecosystem” at one of its natural gas plants in Easington, Yorkshire. Dedicated solely for Centrica’s use, the MPN’s low latency, high speed and very stable connection, will enable devices and equipment throughout the Easington plant to record an...

Apple Becomes World’s Most Valuable Company, Outstrips Saudi Aramco

Apple Becomes World’s Most Valuable Company, Outstrips Saudi Aramco   On Thursday, Apple released its results for its fiscal 2020 third quarter, announcing that the company’s revenue increased by 11% over the year despite the negative economic impact of the coronavirus pandemic. Apple has become the world’s most valuable publicly traded company, outstripping Saudi Arabian oil titan Saudi Aramco, according to Friday’s market close. On 31 July, Apple shares...

Premier Oil North Sea implements DeepStream Technologies to help mitigate risk and reduce time and cost in the engagement with its Supply Chain

Premier Oil North Sea implements DeepStream Technologies to help mitigate risk and reduce time and cost in the engagement with its Supply Chain   Premier Oil has signed a contract with DeepStream for their SaaS technology to digitise the tendering process within procurement operations. Premier Oil procures a significant amount of equipment and services annually including many complex packages which involve extensive involvement of procurement, technical and legal teams across the orga...

Schlumberger introduces real-time oil and gas data management service

Schlumberger introduces real-time oil and gas data management service   Schlumberger introduced its Performance Live digitally connected service that optimizes remote wellsite operations control while improving safety, efficiency and footprint. The service includes technology and domain expertise within a digital ecosystem, leveraging cloud-based applications and automated data workflows through a secure and robust data network. The Performance Live service provides customers with...

Add Energy Launches Smart Solution to Give Assets A Voice

Add Energy Launches Smart Solution to Give Assets A Voice   Add Energy’s Asset and Integrity Management (AIM) division has developed a new award winning, integrated solution which promises to revolutionise the way industries across the world monitor, track and analyse components of their fixed assets in real-time. Launched today, Tuesday 16 June, its latest award-winning technology, AssetVoice™, combines features from asset management, change management and real-time lo...

‘Digital technology can accelerate recovery for offshore oil and gas sector’

‘Digital technology can accelerate recovery for offshore oil and gas sector’   Philip Whittaker, partner and director, oil and gas at the Boston Consulting Group (BCG), said that digital technology could speed up the recovery of the offshore oil and gas sector. Participating in an online ADIPEC Energy Dialogue Webinar, Whittaker said that coronavirus has prompted offshore oil and gas businesses to ask how they can extract greater margins and use technological differenti...

Emerson Contributes to The Open Group Open Subsurface Data Universe™ (OSDU) Forum

Emerson Contributes to The Open Group Open Subsurface Data Universe™ (OSDU) Forum   Emerson announced today that it will contribute reservoir domain software and expertise to the development of The Open Group Open Subsurface Data Universe™ (OSDU) Forum.  Emerson’s contribution will improve the efficiency of reservoir modellers and reservoir engineers, and enable multi-disciplinary integrated reservoir workflows, including geomodelling and flow simulation, on top...

Data is key to supporting sector through the energy transition

Data is key to supporting sector through the energy transition   The sudden requirement to work from home and therefore access data remotely has thrown many companies headfirst into digitalisation, whether they felt ready for it or not. What was perceived as a mammoth challenge, pre-coronavirus, was achieved by thousands of UK businesses, no matter their scale, policies and system, in a few short weeks. This dramatic shift in working culture and practice, often feared by companies pre...

First virtual D&I event to highlight sector opportunities

First virtual D&I event to highlight sector opportunities   More than 300 people have signed up to attend OGUK’s first-ever D&I webinar to further explore opportunities to improve diversity and inclusion in what remains a challenging landscape for the UK oil and gas industry. The free webinar ‘An opportunity in the disruption’ offers a virtual chance to network and hear first-hand from industry’s D&I Task Group as they reflect on the current sit...

Norwell EDGE launches virtual wellsite training to put oil and gas skills to the test

Norwell EDGE launches virtual wellsite training to put oil and gas skills to the test   A new immersive scenario game that puts oil and gas worker’s skills to the test has been launched by specialist energy e-learning company Norwell EDGE. Players are transported to virtual rigs where they can explore the layout, equipment and systems needed to drill wells before being put through their paces with a range of tasks. Each task is aligned with the content and learning outcomes o...

A brave new digital world

A brave new digital world   Rebecca Wallace, Saudi Aramco, explores the digital technologies the company are deploying in the pursuit of sustainability, efficiency and safety. Wearable technology, self-learning machines and virtual reality programmes that simulate real-life experiences on an oil rig; these are just some of the technologies that Saudi Aramco is deploying, as it aims to become the world’s leading digitalised energy company. But digitalisation is more than j...

New Technology to Transform Business Operating Models and Boost Profits

New Technology to Transform Business Operating Models and Boost Profits   A new digital platform, that is set to revolutionise business operating models and boost profits, has been launched today, after a successful Beta trial with a dozen companies. Proteus, is a cloud-based operating system that can transform the way in which businesses source and use talent to resource and deliver projects. By connecting companies with the talent they need, as and when they need it, and making r...

IMCA actively participates in eCMID online festival of knowledge

IMCA actively participates in eCMID online festival of knowledge   The International Marine Contractors Association (IMCA) will be actively participating in an eCMID online festival of knowledge aimed at sharing the latest updates with Accredited Vessel Inspectors (AVIs). The IMCA eCMID system provides the marine and offshore industry with standardised formats for vessel inspection and offers a safety management system (SMS) ‘health check’. Using eCMID can help improve...
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